As a landlord, reliable tenants that look after your property and consistently pay rent on time are the dream. But unfortunately, they are not always the reality, and many investors find themselves left short by their tenants. This can have significant knock-on effects, particularly if you are reliant on incoming rent to make your mortgage payments.
The good news is, there are some easy things you can do to increase the likelihood of prompt rent payments. Here are just a few of the tactics successful property investors use to avoid rental arrears.
Select your tenants carefully
You can set yourself up for a stress-free tenancy from the start by choosing the right applicant.…Continue reading